inprogress%3falseeBookPrint ItemMarchete Company produces a single product. They have recently received the results of a market survey that indicates that they can increase the retail prio10% without losing customers or market share. All other costs will remain unchanged. Their most recent CVP analysis is presented below.CurrentUnits sold910Sales Price per Unit$130Variable Cost per Unit66$$31Contribution Margin per UnitFixed Costs$26,474Break-Even (in units)854Break-Even (in dollars)$111,020Sales$118,300Variable Costs$90,090Contribution Margin$28,210Fixed Costs$26,474$1,736Net Income (loss)If they enact the 10% price increase, what will be their new break-even point in units and dollars? If required, round final answers to nearest wholeNew PriceBreak-even (in units)Break-even (in dollars)FeedbackAnd Exit

Name: inprogress%3falseeBookPrint ItemMarchete Company produces a single pr
Uploaded: 2024-03-20T06:32:49.000Z
Channel: Bartleby
Description: inprogress%3falseeBookPrint ItemMarchete Company produces a single product. They have recently received the results of a market survey that indicates that they can increase the retail prio10% without losing customers or market share. All other costs

New Contribution margin per unit = new selling price per unit - variable costs per unit = (130*110%) - 99 = 143 - 99 = $44 per unit1. Break even units = fixed costs /Contribution margin per unit = $26474/$44 per unit = 602 units 2. Contribution margin ratio = Contribution margin / sales = 44/143 = 30.77% Break even (in dollars) = fixed costs /Contribution margin ratio = $26474/30.77% = $86038

Business

Accounting

Marchete Company produces a single product. They have recently received the results of a market survey that indicates that they can increase the retail 10% without losing customers or market share. All other costs will remain unchanged. Their most recent CVP analysis is presented below. Current Units sold 910 Sales Price per Unit $130 Variable Cost per Unit $99 Contribution Margin per Unit $31 Fixed Costs $26,474 Break-Even (in units) 854 Break-Even (in dollars) $111,020 Sales $118,300 Variable Costs $90,090 Contribution Margin $28,210 Fixed Costs $26,474 Net Income (loss) $1,736 If they enact the 10% price increase, what will be their new break-even point in units and dollars? If required, round final answers to nearest whe New Price Break-even (in units) Break-even (in dollars) $ Feedback

Marchete Company produces a single product. They have recently received the results of a market survey that indicates that they can increase the retail 10% without losing customers or market share. All other costs will remain unchanged. Their most recent CVP analysis is presented below. Current Units sold 910 Sales Price per Unit $130 Variable Cost per Unit $99 Contribution Margin per Unit $31 Fixed Costs $26,474 Break-Even (in units) 854 Break-Even (in dollars) $111,020 Sales $118,300 Variable Costs $90,090 Contribution Margin $28,210 Fixed Costs $26,474 Net Income (loss) $1,736 If they enact the 10% price increase, what will be their new break-even point in units and dollars? If required, round final answers to nearest whe New Price Break-even (in units) Break-even (in dollars) $ Feedback

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Salvador Manufacturing builds and sells snowboards, skis and poles. The sales price and variable cost for each follows: Product Selling Priceper Unit Variable Costper Unit Snowboards $340 $150 Skis $380 $200 Poles $60 $30 Their sales mix is reflected in the ratio 7:3:2. If annual fixed costs shared by the three products are $250,900. Determine the break-even point in sales dollars. Break-even point $fill in the blank 1
The constraint at Pickrel Corporation is time on a particular machine. The company makes three products that use this machine. Data concerning those products appear below: 9. VD JT SM Selling price per unit Variable cost per unit Minutes on the constraint $344.85 $415.40 $119.32 $270.18 $310.88 $ 91.96 Sklpped 5.70 6.70 1.90 Rank the products in order of their current profitability from most profitable to least profitable. In other words, rank the products in the order in which they should be emphasized. (Round your Intermedlate calculations to 2 declmal places.) Multiple Cholce JT, SM, VD JT. VD, SM VD, SM, JT SM, VD, JT Mc Graw < Prev 9 of 9 Next 68°F Mostly cloudy Type here to search DELL
Northwest Technology Inc. manufactures and sells two products, digital game players and computer tablets. The fixed costs are $936,000, and the sales mix is 70% game players and 30% computer tablets. The unit selling price and the unit variable cost for each product are as follows: Products Unit Selling Price Unit Variable Cost Game players $ 50 $30 Tablets 120 80 a. Compute the break-even sales (units) for the overall product, E.units b. How many units of each product, game players and tablets, would be sold at the break-even point? Digital game players units Computer tablets units
Provide Solutions about this Question please solve it with Step by step
Dellcom Inc. sells two products: a regular and a deluxe version. The owner would like to better understand the impact of the sales mix on the company's sales. The following information is available: Regular Deluxe Sales price per unit Variable cost per unit $38 $61 $15 $34 The company has total fixed costs of $384,615 for the year and they sell 9 Regular products for every 4 Deluxe product. The owner would like to know, given the sales mix, how many units of each product the company must sell per year to break even. The company must sell units of the Regular product. Enter the number of units given the current sales mix. The company must sell units of the Deluxe product. Enter the number of units given the current sales mix.
What is the break-even point in sales units? (see attached)
Please do not give solution in image format thanku
Radison Inc. sells a product for $91 per unit. The variable cost is $51 per unit, while fixed costs are $230,400. Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $99 per unit. a. Break-even point in sales unitsfill in the blank 1 unitsb. Break-even point if the selling price were increased to $99 per unitfill in the blank 2 units
2. Maple Enterprises sells a single product with a selling price of $75 and variable costs per unit of $30. The company’s monthly fixed expenses are $22,500. The following names are to be considered when completing this problem: Operating Income Variable Costs Sales Fixed Costs per Unit Selling Price per Unit Variable Cost per Unit Contribution Margin Fixed Costs Operating Loss What is the company’s break-even point in units? . Use commas as needed (i.e. 1,234). What is the company’s break-even point in dollars? . Rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345). Using the names listed above, construct a contribution margin income statement for the month of September when they will sell 900 units. Rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345). Maple Enterprises Contribution Margin Income Statement For the Month of September How many units will Maple need to sell in…
Pau, Inc., which has fixed costs of $51401, sells two products whose sales price, variable cost per unit, and percentage of sales units are presented in the table below. Sales Price Variable Cost Sales Mix Product A Product B $ $ $23 $8 40 % 16 7 60% How many units of Product B must Pau sell to break even Do not round intermediate calculations. Round your final answer to the nearest whole number. 0 out of 1 points
Use this information for Carter Co. to answer the question that follows. Carter Co. sells two products, arks and bins. Last year, Carter sold 14,000 units of arks and 56,000 units of bins. Related data are as follows: Product Unit Selling Price Unit Variable Cost Unit Contribution Margin Arks Bins $120 80 $80 60 $40 20 Assuming that last year's fixed costs totaled $960,000, what was Carter Co.'s break-even point in sales units? a. 12,000 units O b. 28.000 units O c. 35,000 units O d. 40.000 units 13
Pau, Inc., which has fixed costs of $88,333, sells two products whose sales price, variable cost per unit, and percentage of sales units are presented in the table below. Product A Product B $ 22 $ 9 40 % Sales Price $ $ 17 Variable Cost Sales Mix 60% How many units of Product B must Pau sell to break even Do not round intermediate calculations. Round your final answer to the nearest whole number.